Commercial Real Estate & Business News – December 11, 2017
Economy Watch: U.S. Gains 228K Jobs in November Total U.S. payroll employment rose by 228,000 in November, the Bureau of Labor Statistics reported on Friday. That’s a bit less than in October, when the revised number of net new jobs was 244,000, but more than the monthly average for 2017 so far, which is 174,000 per […]
Commercial Real Estate & Business News – December 8, 2017
Deal Volume Ticks Upward Even As Pricing Slips IRVINE, CA-Even as commercial property pricing has ticked downward in recent months, transaction volume has been moving in the opposite direction. Ten-X Commercial said Wednesday that investment activity increased by 3.2% in the third quarter, marking the second consecutive three-month period of quarterly increases. Citing Real Capital Analytics data, […]
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Commercial Real Estate & Business News – December 7, 2017
The Old Suburban Office Park is Getting a Big Reboot The aging office park is getting a face-lift. Once a proud symbol of suburban working life now suffering from high vacancy rates in many parts of the country, corporate office parks are being reimagined as sports domes, upscale town houses, retail shops and green gathering […]
Commercial Real Estate & Business News – December 6, 2017
CRE Industry Focused on Tax Cuts for ‘Pass-Through’ Entities as Tax Reform Enters Final Stretch The U.S. Senate and House of Representatives have started work to reconcile differences between their two tax bills, including the timetable for reducing the corporate tax rate from 35% to 20%. Of special interest to commercial real estate investors is […]
Commercial Real Estate & Business News – December 5, 2017
How The Senate Tax Bill Handles CRE Over the weekend the US Senate passed its version of the Tax Cuts and Jobs Act bill in a vote that came down to 51-49. Among many other changes to tax law the bill lowers the top corporate tax rate from 35% to 20%. …» Student Housing REITs See […]